Let Others Know

Punjab And Maharashtra Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank New Delhi New Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	110328002
Bank	Punjab And Maharashtra Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kailash Colony
Contact	9511-29241400-1401
Bank Details	Punjab And Maharashtra Co-Op Bank Ltd Kailash Colony PMCB0000602

Location	New Delhi, New Delhi
City	New Delhi
District	New Delhi
State	New Delhi
Pincode	110046
Country	IN
Address	240 kailash colony new delhi 110046

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 110328002 for Kailash Colony branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 110328002 of Punjab Maharashtra Bank, Kailash Colony branch makes the system almost error free and faster. Use of Punjab Maharashtra Bank MICR codes for Kailash Colony branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab And Maharashtra Co-Op Bank Ltd are available with micr code -

>>Kailash Colony

MICR code for Punjab And Maharashtra Bank Kailash Colony

Punjab And Maharashtra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Maharashtra Bank MICR code for Kailash Colony is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 110328002 is the MICR code of Punjab And Maharashtra Coop Bank for Kailash Colony branch. MICR code for Kailash Colony branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Punjab Maharashtra Bank Kailash Colony is presented in the table alongside.

Use of Punjab Maharashtra Bank MICR code for Kailash Colony branch in new delhi

The MICR code 110328002 is used in RBI cheque clearing process to identify the branch Kailash Colony and Punjab Maharashtra Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Punjab And Maharashtra Coop Bank is typically in either of these two font’s: E-138 and CMC-7.